Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Binance has recently converted its $1 billion Secure Asset Fund for Users (SAFU) into Circle’s dollar-pegged USDC stablecoin. This strategic move was disclosed by the exchange on April 18. Binance SAFU to Leverage… Continue reading Binance Converts $1Billion ‘SAFU’ Emergency Fund into USDC
According to government officials in Vietnam, cryptocurrencies are not prohibited, but there is an urgent need for a legal framework to regulate their use.
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Bank of Israel Deputy Governor Andrew Abir had thrown his weight behind “Digital Shekel,” Israel’s proposed central bank digital currency (CBDC). He explained that the CBDC will be a competitive alternative to the… Continue reading Bank of Israel Official Expects CBDC to Improve Financial Competition
Goldman Sachs, a top investment bank, has revised its gold price prediction for 2024. They now forecast that gold will reach $2,700 per ounce by the end of the year.
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US Department of Justice (DOJ) had on April 15 charged Charles O. Parks III with money laundering and wire fraud after he allegedly masterminded a “large-scale illegal cryptojacking operation, which led to… Continue reading US Department of Justice Indicts Cryptojacker for Alleged $3.5M Fraud Scheme
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On April 15, the Hong Kong Securities and Futures Commission (SFC) approved the first batch of spot Bitcoin and Ethereum exchange-traded funds (ETFs), a major leap that makes Hong Kong the first Asian… Continue reading Hong Kong Regulator Approves Spot Bitcoin and Ether ETFs
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Tim Beiko, a prominent Ethereum developer, disclosed on April 11 that the upcoming hard fork dubbed “Pectra” will integrate the EIP-3074, which is designed to enable users to retrieve lost assets through a… Continue reading Ethereum Pectra Hard Fork Will Integrate EIP-3074 To Ease Private Keys Recovery
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Paraguayan lawmakers suspended a proposed bill to ban Bitcoin mining as they weigh the economic value of redirecting excess energy from the Itaipu hydropower plant to crypto miners rather than exporting it to… Continue reading Paraguay’s Lawmakers Set to Reevaluate Bitcoin Mining Prohibition and Energy Supply to Miners
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On April 9, VanEck CEO Jan Van Eck expressed his doubt regarding the approval of the spot Ether exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) in May 2024, which… Continue reading VanEck CEO Say SEC Will Probably Reject ether ETFs Application in May
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Crypto.com announced on April 9 that its Dubai-based entity, CRO DAX Middle East FZE, had obtained full operational service approval from the Virtual Assets Regulatory Authority (VARA), which allows the exchange to cater… Continue reading Crypto.com Secures VARA Full Operational License in Dubai to Cater for Institutional Investors